Goldman Sachs' Big Payout , From Silicon Valley Bank Collapse, Raises Questions.<br />Goldman Sachs' Big Payout , From Silicon Valley Bank Collapse, Raises Questions.<br />'The New York Times' reports that Silicon Valley Bank <br />(SVB) adviser Goldman Sachs is expected to make <br />over $100 million following the collapse of the bank.<br />'The New York Times' reports that Silicon Valley Bank <br />(SVB) adviser Goldman Sachs is expected to make <br />over $100 million following the collapse of the bank.<br />In the days leading up to SVB's <br />demise, Goldman Sachs reportedly <br />purchased $21.4 billion of the bank's debt. .<br />'NYT' reports that SVB was warned <br />that it faced a possible downgrade <br />by Moody's in early March. .<br />At the time, SVB called on <br />Goldman Sachs for advice on <br />shoring up the bank's books.<br />Ultimately, Goldman's two-part plan <br />for SVB to raise capital and sell off its <br />debt failed, and the bank collapsed.<br />According to the 'NYT,' questions have been <br />raised regarding Goldman Sachs' compensation<br />and how it managed its relationship with SVB.<br />According to the 'NYT,' questions have been <br />raised regarding Goldman Sachs' compensation<br />and how it managed its relationship with SVB.<br />The government's extraordinary measures to <br />safeguard the bank's depositors are expected <br />to come with increased regulatory scrutiny.<br />The government's extraordinary measures to <br />safeguard the bank's depositors are expected <br />to come with increased regulatory scrutiny.<br />Meanwhile, prior to opening its investigation <br />into the bank's collapse, the Justice Department <br />unveiled a new pilot program to hold <br />executives responsible for corporate wrongdoing.<br />Lawmakers have called for clawbacks of bonuses that <br />were paid to executives by the bank in addition to profits <br />made from selling off stock in SVB's final days.<br />Lawmakers have called for clawbacks of bonuses that <br />were paid to executives by the bank in addition to profits <br />made from selling off stock in SVB's final days.<br />'NYT' reports that SVB's failure to raise capital prior <br />to Goldman Sachs' purchase of its debt ended up spooking <br />the markets and ultimately led to the bank's collapse.<br />'NYT' reports that SVB's failure to raise capital prior <br />to Goldman Sachs' purchase of its debt ended up spooking <br />the markets and ultimately led to the bank's collapse
